The Maine summer real estate season is in full swing. According to the Maine Association of Realtors, agents around the state sold 1,937 single-family existing homes in June 2018, an increase of 2.54 percent over June 2017. Home values experienced double-digit gains, with a 10.98 percent jump in the median sales price to $227,500. The… Read more »
Posts Tagged: Newcastle Realty
Seasoned Newcastle Realty Broker Team Celebrates 15 Years While Offering Specialized Services to Seniors
Bill Byrnes joined Newcastle Realty in 1998, back when the company still operated from the basement of the Newcastle Square building across the river. Two years later, Lee Simard became a Realtor and joined the same firm. It turns out that while traveling separate paths, both Bill and Lee had retired at about the same… Read more »
5 Reasons Local Independent Firms are the Future of Real Estate
In recent years, the real estate industry has seen a rapid rate of mergers and acquisitions — but there’s also a countertrend where independent local brokerages are surging in popularity. When it comes to realty companies, I’m proud to say local is better — and homeowners agree: In a survey of more than 3,000 U.S…. Read more »
June 2018 Market and Sales Update
Sales of Maine’s single-family existing homes decreased 1.38 percent last month, due to limited market inventory. Prices, however, continued to rise; according to Maine Listings, the statewide median sales price (MSP) increased 9.95 percent to $219,900. The MSP indicates that half of the homes were sold for more and half for less. Real estate firms… Read more »
May 2018 Market Update Report
Tighter inventory in the single-family existing home real estate market has led to an uptick in sales prices and home sales. According to Maine Listings, 1,201 homes were sold in April—an 8.59 percent increase compared to April of 2017. Sales prices are also on the rise; a median sales price of $200,000 represents a jump… Read more »
March 2018 Market and Sales Update
Single-family existing home values in Maine continue to rise, and sales have remained in healthy territory. Maine Listings today reported that 822 homes changed hands in February, an increase of 5.93 percent compared to February 2017. The median sales price (MSP) for homes sold reached $194,450, up 8.03 percent, comparing February 2018 to February 2017…. Read more »
2018 Year-to-Date Market and Sales Update *
Realtors across Maine report steady activity in most markets. According to Maine Listings, sales of single-family existing homes increased 0.21 percent comparing January 2018 to January 2017. The value of those homes, tracked statistically by the Median Sales Price (MSP), indicates a jump in home values of 5.26 percent to an MSP of $200,000 during… Read more »
Newcastle Realty Enjoys a Strong Start to the 2018 Selling Season
In just the first seven weeks of 2018, the team of brokers at Newcastle Realty have already reached more than $5.5 million in real estate sales, according to Maine Real Estate Information System, Inc., more than any other firm in Lincoln County. Company owner Dennis Hilton credits Newcastle Realty’s success to the energy, enthusiasm, and… Read more »
Realtor Carmen Reed Brings Enthusiasm and Energy to the Newcastle Realty Team
A relatively new member to the Newcastle Realty team of professional real estate brokers, Carmen Reed’s enthusiasm and passion for helping people makes her a great fit with the firm. One of the things Carmen loves most about helping people buy and sell a home or land, is the process of getting to know each… Read more »
December 2017 Market and Sales Update
Sales of single-family existing homes increased by double digits last month. According to Maine Listings, Realtors across the state sold 1,576 homes during November, which represents an increase of 11.46 percent from a year ago. The median sales price (MSP) for those homes rose 4.24 percent to $200,000. The MSP indicates that half of the… Read more »
